YEARLY HIGH
0.1436 USD
YEARLY LOW
0.0600 USD
YEARLY AVERAGE
0.1160 USD

2021 TRY to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.1436. Conversely, the yearly low was recorded on December 19, dropping to 0.0600.

This high-to-low spread represents a total annual volatility of 0.0836 USD. From a start-to-finish perspective, comparing the January average rate of 0.1351 to the December average rate of 0.0753, the exchange rate registered a net change of -44.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1436 was down 15.88% compared to the 2020 peak of 0.1708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 7,182 USD
2020 Average 7,187 USD
Yearly Trough Low 3,000 USD
Transaction Impact: A difference of 4,182.37 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1474
0.0687
JanuMarcMayJulySeptNove

TRY to USD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1272, compared to 0.1047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.1272
H2 Avg (Jul–Dec) 0.1047

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0335 USD (High: 0.0935 / Low: 0.0600). On the other end, July was the most stable month, with a tight range of 0.0033 USD (High: 0.1183 / Low: 0.1150).

December Spread (Volatile) ±0.0335
July Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0183 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1408) against the same month in 2020 (average: 0.1649), the exchange rate shifted by -0.0240 (-14.59%).

2021 Avg (February) 0.1408
2020 Avg (February) 0.1649

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1373 0.1336 0.1351
February 0.1436 0.1347 0.1408
March 0.1385 0.1201 0.1302
April 0.1245 0.1188 0.1222
May 0.1214 0.1166 0.1192
June 0.1192 0.1139 0.1158
July 0.1183 0.1150 0.1164
August 0.1202 0.1156 0.1179
September 0.1207 0.1121 0.1167
October 0.1130 0.1029 0.1083
November 0.1048 0.0740 0.0936
December 0.0935 0.0600 0.0753